Market Analysis
Single Cell Biology
Abstract
In 2016, the global market size of molecular biology enzymes and kits & reagents was valued at USD 5.77 billion and is expected to witness a CAGR of 19.0 percent over the forecast period. One of the key factors responsible for the gush in demand for molecular biology enzymes, kits and reagents was the expansion of end-user research activities. The genomics market is expected to hit $22.10 At the same time, the Division of Personalized Medicine based on genomics is expected to sprout from 2013 to 2020 at a CAGR of more than 13.0 percent due to increased demand for populationbased therapeutic solutions through increased research and development initiatives. Advances in the engineering of molecular biology enzymes, kits and reagents are one of the key growth factors. These advanced products are designed to make research processes easier by offering increased efficiency and higher accuracy.